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And without binding multilateral rules, policy contests in the context of the new industrial revolution are likely to evolve into a beggar-thy-neighbor disorderly rivalry that ultimately undermines effect of the new industrial revolution in boosting global economic recovery.

An official with the city's publicity department, who asked not to be named, told China Daily that the investigation team dispatched by the National Health Commission arrived in the city on Monday, but declined to give further details.

Analysts said Huawei's years of research in telecommunications, especially 5G, would give it a head start over competition. After all, it is impossible to have fully autonomous vehicles without 5G, which is essential in enabling superfast internet speeds and real-time data analysis.

Andrés Ortega, senior research fellow, Real Instituto Elcano, said: “China’s controlled but ongoing globalization is essential for economic development. The US is pulling back, but not the rest of the world, with the effect being a loss of jobs and salaries. We need to recover multilateral, not unilateral, control on globalization and to make it more inclusive.”

Angolan President Joao Lourenco (R) meets with Chinese Foreign Minister Wang Yi in Luanda, Jan 13, 2018. [Photo/Xinhua]